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today i like to sell this pair @ 152.37
my stop loss of the day @ 152.70
half take profit for today @ 152.07
and further half take profit @ 151.55
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Once in the prediction of several indicators for the technical analysis of currency pairs GBPJPY on the market today are at the 152.20 pivot then I recommend you to do the open position SELL with some criteria such as the following
You put a take profit at 151.88 positions. You put a stop loss at 152.28 positions
that's indicator Bollinger Bands is Bearish then Support and resistance at
Pivots = 152.20
R1 = 152.91
R2 = 153.36
R3 = 154.07
S1 = 151.75
S2 = 151.04
S3 = 150.59
For long-term targets remain SELL with a target of 40 pips profit
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GBPJPY, today the price is above the band BS daily. This means that buyers still dominate the market for daily reference. because prices yesterday traded bullish condition. Daily LSMA conditions have changed to pointing down. weekly LSMA conditions pointing up, meaning the tendency towards price is rising. then just focus on looking for the best buy position. current opening will buy floating, then wait until the price is above the daily LSMA and show pointing up. price target is 152.64. but if it fails, place a stop loss at 151.61.
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The following data is predicted based on indicators that we use for the currency pair GBP/JPY today, for today's support and resistance levels as follows: (R3=154,06), (R2=153,35), (R1=152,9), (Pivots=152,19), (S1=151,74), (S2=151,03), (S3=150,58)
recommendation:
place your sell stop at 151,99 target profit at 151,79 (Seller zones)
place your buy stop at 152,39 profit target at 152,59 (buyer zone)
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Gbp/jpy technical analysis
date : 08.30.2013
time : 03:45 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 52.43
2) MACD (26,12,9)
value: 0.0277
3) ADX (14)
value: 13.71
4)CCI(14)
value: 27.75
overall trend - slightly bullish.
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Of observations by the method of technical analysis I have seen of the currency pairs Gbp/Jpy and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 152.33 and there is support and resistance on the
- R3 : 154.03
- R2 : 153.33
- R1 : 152.88
- Pivots : 152.18
- S1 : 151.73
- S2 : 151.03
- S3 : 150.58
then I highly recommend you to open position SELL with
Take Profit is equal to 152.03 as well as Stop Loss at point 152.63
so that the target pips for today I think is at 40 pips
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Gbp/jpy analysis for 08.30.2013 by using pivot indicator.
r3: 153.535
r2: 152.698
r1: 152.129
pivot: 151.292
s1: 150.723
s2: 149.866
s3: 149.317
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
My analysist for gbpjpy today, 30 august 2013
this strategy is using open day daily chart. So, my strategy is based on the open daily price.
This strategy is simple, just using dolly graphic. So my strategy is just using pending order.
Buy stop 152.66 tp 152.86 sl 152.26
sell stop 152.26 tp 152.06 sl 152.66
happy trading, may profit always with us
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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